The Official Arena Thread Part 6
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11-03-2012, 10:06 PM
Join Date: Mar 2007
Originally Posted by
Basically NOT money out of this pocket. This is simply higher ticket price in a market that often has no apparent upper limit in what it will pay, or in perceived disposable income.
For you, or anybody in the Katz camp to suggest that the ticket tax is coming out of Katz's pocket please explain how this is the case when gate revenue, and average ticket prices(before surcharge) will be much higher in the new arena (and I guarantee you they would be).
I think to argue that this is Katz' contribution one has to point out how this is actually the case. It isn't.
Its the peoples money. Clearly.
If Joe Fan is willing to pay $100 for a ticket, but not $110, then the ticket has to be priced at $100 to sell. The ticket tax has to come out of what the owner can charge for the ticket.
That would be what the economics based argument would be. It comes out of the owners share of what he could charge for the ticket.
In fact it may be muddier than that, but that is it in a nutshell.
Last edited by nye: 11-03-2012 at
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